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MIL-OSI Energy: Germany earmarks almost $45 billion to ease hardships of coal phaseout

By   /  May 24, 2019  /  AM-NC, Business, Commodities, CTF, DJF, Economy, Energy, Energy Investment Trends, English, Exploitation, Exploration, Gas, German Coal Phaseout Plan, Germany, Global Coal Markets, Global Economy, Industry, Institute for Energy Economics and Financial Analysis, KB, MIL Oil-Energy Sector OSI, MIL OSI, MIL OSI Economics, Mining Sector, News, Newsletter Daily, Newsletter News Weekly, Oil, Oil Rigs, Open Source Intel, Peter Altmaier, Transition  /  Comments Off on MIL-OSI Energy: Germany earmarks almost $45 billion to ease hardships of coal phaseout

Source: Institute for Energy Economics and Financial Analysis Xinhua: The German cabinet adopted plans on Wednesday to provide 40 billion euros (44.7 billion U.S. dollars) of financial support to federal states undergoing the structural changes needed for Germany to achieve its planned phase out of coal by 2038. According to the German government’s plans, detailed […]

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MIL-OSI Energy: New Maryland state law establishes 2030 deadline for 50% renewable energy generation

By   /  May 24, 2019  /  50% Renewable Energy Goal, AM-NC, Brian Feldman, Business, Chesapeake Climate Action Network, Commodities, CTF, DJF, Economy, Energy, Energy Investment Trends, English, Exploitation, Exploration, Gas, Global Economy, Industry, Institute for Energy Economics and Financial Analysis, KB, Larry Hogan, maryland, MIL Oil-Energy Sector OSI, MIL OSI, MIL OSI Economics, Mining Sector, News, Newsletter Daily, Newsletter News Weekly, Oil, Oil Rigs, Open Source Intel, Renewables, solar, Transition, Wind  /  Comments Off on MIL-OSI Energy: New Maryland state law establishes 2030 deadline for 50% renewable energy generation

Source: Institute for Energy Economics and Financial Analysis The Washington Post: Maryland must get 50 percent of its electricity from renewable energy sources such as wind and solar by 2030 under a bill that will become law without Gov. Larry Hogan’s signature. Only the District and nine states, including California, New Jersey and Hawaii, have […]

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MIL-OSI Energy: BHP: Thermal coal investments not in company’s future plans

By   /  May 23, 2019  /  AM-NC, BHP, BHP Thermal Coal Investments, Business, Cerrejon Coal Mine, Commodities, CTF, DJF, Economy, Energy, Energy Investment Trends, Energy Markets, English, Exploitation, Exploration, Gas, Global Coal Markets, Global Economy, Industry, Institute for Energy Economics and Financial Analysis, KB, MIL Oil-Energy Sector OSI, MIL OSI, MIL OSI Economics, Mining Sector, Mt. Arthur Coal Mine, News, Newsletter Daily, Newsletter News Weekly, Oil, Oil Rigs, Open Source Intel, Peter Beaven, Transition  /  Comments Off on MIL-OSI Energy: BHP: Thermal coal investments not in company’s future plans

Source: Institute for Energy Economics and Financial Analysis Australian Financial Review: BHP says it has no appetite for new investments in thermal coal, regardless of how lucrative those investments may be, but has also signalled it is unlikely to invest in commodities like lithium and cobalt. The hardening of BHP’s attitude toward the type of […]

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MIL-OSI Energy: Xcel plans to close its last two Midwest coal plants a decade early

By   /  May 22, 2019  /  Allen S. King Coal Plant, AM-NC, Ben Fowke, Business, Carbon capture and storage, Commodities, CTF, DJF, Economy, Energy, Energy Investment Trends, English, Exploitation, Exploration, Gas, Global Economy, Industry, Institute for Energy Economics and Financial Analysis, KB, MIL Oil-Energy Sector OSI, MIL OSI, MIL OSI Economics, Mining Sector, Minnesota, Minnesota Public Utilities Commission, Monticello Nuclear Plant, News, Newsletter Daily, Newsletter News Weekly, Oil, Oil Rigs, Open Source Intel, Renewables, Sherco 3 Coal Plant, Transition, U.S. coal markets, US Coal Markets, Utility trends, Xcel Energy  /  Comments Off on MIL-OSI Energy: Xcel plans to close its last two Midwest coal plants a decade early

Source: Institute for Energy Economics and Financial Analysis Bloomberg: Xcel Energy Inc. plans to shutter its last two coal-fired power plants in the Upper Midwest a decade ahead of schedule as part of a pledge to phase out carbon-dioxide emissions. The Minneapolis-based company expects to close the Allen S. King power plant in 2028 and […]

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MIL-OSI Energy: High-priced coal seen as a threat to economic growth in the Philippines

By   /  May 22, 2019  /  AM-NC, ASEAN, Association of SouthEast Asian Nations, Business, Commodities, CTF, DJF, Economy, Energy, English, Exploitation, Exploration, Gas, Global Coal Markets, Global Economy, IEEFA in the news, Industry, Institute for Energy Economics and Financial Analysis, KB, MIL Oil-Energy Sector OSI, MIL OSI, MIL OSI Economics, Mining Sector, Natural Gas, News, Newsletter Daily, Newsletter News Weekly, Oil, Oil Rigs, Open Source Intel, Philippines, Sara Ahmed, Sarah Ahmed, Transition  /  Comments Off on MIL-OSI Energy: High-priced coal seen as a threat to economic growth in the Philippines

Source: Institute for Energy Economics and Financial Analysis BusinessWorld: The Philippines’ stellar economic growth has been the talk of the world’s investors and financial leaders for the past several years. As the country powers through insurmountable odds — growing at a solid rate of 6.2% in 2018 despite mounting inflation, interest rates, and a depreciating […]

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MIL-OSI Energy: Vattenfall studying salt-based storage to speed move away from fossil fuels

By   /  May 21, 2019  /  AM-NC, Business, Commodities, CTF, DJF, E.ON, Economy, Energy, energy storage, English, Exploitation, Exploration, Gas, Germany, Global Economy, Hendrik Roeglin, Industry, Institute for Energy Economics and Financial Analysis, KB, MIL Oil-Energy Sector OSI, MIL OSI, MIL OSI Economics, Mining Sector, News, Newsletter Daily, Newsletter News Weekly, Oil, Oil Rigs, Open Source Intel, Renewables, SaltX, Transition, Vattenfall  /  Comments Off on MIL-OSI Energy: Vattenfall studying salt-based storage to speed move away from fossil fuels

Source: Institute for Energy Economics and Financial Analysis Voice of America: At a power station in Berlin, Germany, visitors find a shining piece of machinery that looks out of place in the building. Its silver pipes and containers hold a substance that reportedly could become a major ingredient for producing power in the future. Vattenfall, […]

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MIL-OSI Energy: Mitsubishi Financial Group says it will no longer finance new coal plant construction

By   /  May 18, 2019  /  AM-NC, Business, Climate Risk, Coal Plant Financing Ban, Commodities, CTF, DJF, Economy, Energy, Energy Investment Trends, Energy Markets, English, Exploitation, Exploration, Gas, Global Coal Markets, Global Economy, Industry, Institute for Energy Economics and Financial Analysis, Japan, KB, MIL Oil-Energy Sector OSI, MIL OSI, MIL OSI Economics, Mining Sector, Mitsubishi UFJ Financial Group, MUFG, News, Newsletter Daily, Newsletter News Weekly, Oil, Oil Rigs, Open Source Intel, Transition  /  Comments Off on MIL-OSI Energy: Mitsubishi Financial Group says it will no longer finance new coal plant construction

Source: Institute for Energy Economics and Financial Analysis Reuters: Japan’s Mitsubishi UFJ Financial Group will no longer provide financing for new coal-fired power generation projects after July 1, it said on Wednesday in a revised environmental and social policy framework. MUFG, one of the world’s largest banks by assets, said the decision will gradually reduce […]

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MIL-OSI Energy: New report says installed solar capacity worldwide could hit 1.3TW by 2023

By   /  May 18, 2019  /  AM-NC, Business, China, Christian Westermeier, Commodities, CTF, DJF, Economy, Energy, Energy Investment Trends, Energy Markets, English, Europe, Exploitation, Exploration, Gas, Global Economy, India, Industry, Institute for Energy Economics and Financial Analysis, KB, MIL Oil-Energy Sector OSI, MIL OSI, MIL OSI Economics, Mining Sector, News, Newsletter Daily, Newsletter News Weekly, Oil, Oil Rigs, Open Source Intel, solar, SolarPower Europe, Transition, U.S.  /  Comments Off on MIL-OSI Energy: New report says installed solar capacity worldwide could hit 1.3TW by 2023

Source: Institute for Energy Economics and Financial Analysis PV Magazine: The global PV market is forecast to see a 25% increase in new deployments this year, according to the Global Market Outlook for Solar Power published by SolarPower Europe. According to the Medium Scenario presented in the report, which the association sees as the most […]

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MIL-OSI Energy: IEA data show a significant downturn in coal plant financing

By   /  May 16, 2019  /  AM-NC, Business, Coal Plant Investment, Commodities, CTF, DJF, Economy, Energy, Energy Investment Trends, Energy Markets, English, Exploitation, Exploration, Final Investment Decisions, Gas, Global Coal Markets, Global Coal Plant Tracker, Global Economy, IEA, IEEFA in the news, Industry, Institute for Energy Economics and Financial Analysis, KB, MIL Oil-Energy Sector OSI, MIL OSI, MIL OSI Economics, Mining Sector, News, Newsletter Daily, Newsletter News Weekly, Oil, Oil Rigs, Open Source Intel, Tim Buckley, Transition  /  Comments Off on MIL-OSI Energy: IEA data show a significant downturn in coal plant financing

Source: Institute for Energy Economics and Financial Analysis Bloomberg: Fossil-fuel advocates have a favorite rejoinder to those who predict a global shift to renewable energy: Coal has never been more popular. It’s a decent argument because it happens to be true. While coal-fired power has declined by nearly a quarter in Europe and almost 40 […]

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MIL-OSI Energy: Wood Mackenzie: Solar will soon ‘be cheaper than gas almost everywhere’

By   /  May 16, 2019  /  AM-NC, Business, China, Commodities, CTF, DJF, Economy, Energy, Energy Investment Trends, Energy Markets, English, Exploitation, Exploration, Gas, Global Economy, India, Industry, Institute for Energy Economics and Financial Analysis, KB, MIL Oil-Energy Sector OSI, MIL OSI, MIL OSI Economics, Mining Sector, Natural Gas, News, Newsletter Daily, Newsletter News Weekly, Oil, Oil Rigs, Open Source Intel, solar, Tom Heggarty, Transition, Wood Mackenzie  /  Comments Off on MIL-OSI Energy: Wood Mackenzie: Solar will soon ‘be cheaper than gas almost everywhere’

Source: Institute for Energy Economics and Financial Analysis Greentech Media: The days of new gas-fired plants keeping up with utility solar will soon be over. But the rise of competitive renewables auctions means profits will be hard to come by, even in an expanding market. Solar will soon be able to out-compete gas-fired plants around […]

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